2007-10-20 05:30:50 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
No. Not unless you develop bad habits that cause you legal problems. Your credit scores are calculated by a series of questions based on factors in your credit report, your credit history & debt-to-income ratio. Each answer accumulates a certain number of points that are then added together for your final score. You can find out more at the link below.
2007-10-20 06:51:55 · answer #1 · answered by Major Score 2 · 0⤊ 2⤋
Not directly.
Though if you've got a bad credit history it might result in you getting them into your trouble by having them co-sign a loan (don't even ask them and if you do hope they don't agree to it) or by borrowing money off them to pay back other debts.
People trying to get money out of you are allowed to call you so they'll probably end up receiving calls directed at you.
2007-10-20 05:40:24 · answer #2 · answered by bestonnet_00 7 · 1⤊ 1⤋
No. Your credit history is strictly a personal characteristic.
2007-10-20 05:42:00 · answer #3 · answered by michaell 6 · 1⤊ 1⤋
Nope,, it's your credit,, not anyone Else's! ,,so other than annoying phone calls ,, no financial effect can ever be passed to a family member,, UNLESS they co-signed on something!
2007-10-20 05:37:00 · answer #4 · answered by Anonymous · 3⤊ 1⤋
Not unless they are cosigners or co-borrowers on your bad debts.
2007-10-20 05:40:14 · answer #5 · answered by npk 7 · 1⤊ 1⤋